March 1, 2023
LEM Capital Announces 2022 Team Promotions
Philadelphia, PA – LEM Capital, L.P. (“LEM”) recently announced the promotion of three team members to new positions in the Firm.
Steven DiLemme, who leads the Accounting Team and has been with the Firm for 10 years, was promoted to Chief Accounting Officer.
Stephen Wetherill, a member of the Acquisitions Team who covers the Atlanta, Boston, Austin, San Antonio and several Midwest multifamily markets, was promoted to Director.
Brian Cohn, a member of the Asset Management Team who helps oversee the Firm’s portfolio, was promoted to Vice President.
“We are excited to announce that three of our team members have been elevated to new positions. Each person has contributed in various ways to the Firm’s productivity over the past year. We are proud of their accomplishments and also look forward to seeing each team member continue to thrive with their expanded responsibilities.” said Allison Bradshaw, Partner at LEM.
About LEM Capital
LEM Capital is a real estate private equity firm with a 20-year track record focused on protecting investors’ downside and building portfolios to help deliver dependable current cash flow and equity upside through good and bad cycles.
The team consists of multifamily experts that seek to acquire well-located apartment properties where LEM can add value to help increase rents through physical upgrades and implementation of better management practices. The firm’s approach combines the local, long-term market knowledge and day-to-day management of its network of nationwide operating partners with LEM’s disciplined investment selection, rigorous due diligence process and intensive asset management oversight, all led by the firm’s partners. LEM’s goal is to deliver attractive risk-adjusted returns to its investors while safeguarding capital.
Since 2002, LEM has raised approximately $1.8 billion in investor commitments and invested over $8.9 billion in real estate value contributing to their expertise in structuring, execution and asset management. This includes acquiring over 26,000 value-add apartment units since 2011.
Notes: All data as of December 31, 2022 unless otherwise noted.